Families and individuals working in low-wage jobs make insufficient income to meet minimum standards given the local cost of living. We developed a living wage calculator to estimate the cost of living in your community or region based on typical expenses. The tool helps individuals, communities, and employers determine a local wage rate that allows residents to meet minimum standards of living.

In March of 2018, the Bank Negara Malaysia (BNM) has introduced the concept of “living wage,” which is the minimum income needed for a household to participate in society, the opportunity for personal and family development and freedom over severe...

Money may not buy happiness, but economic security is certainly a step towards it. A myriad of studies have investigated the link between economic standing and an individual’s holistic well-being. These studies provide empirical backing for an alm...